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Is Ransomware Holding Your Computer Hostage and Demanding Bitcoin?

November 28th, 2014 by Tanbir Leave a reply »
     




mXCdGo6Ransomware, such as BitLocker or Cryptolocker, is a type of malware that holds your computer hostage by encrypting its data or by making it inaccessible in some way. The Ransomware then demands that you pay Bitcoin to the cybercriminal who installed the malware or tricked you into installing it.

Ransomware amounts to criminal extortion. Ransomware is usually a Trojan horse-type malware infection that renders a victim’s computer inoperable. The infection frequently includes a pop-up message claiming to be from a law enforcement agency stating that the victim’s computer has been involved in some kind of illegal activity, such as downloading copyrighted material, pirated software, etc. The pop-up notices displayed on infected computers often state that the victim will be arrested unless he or she pays a “fine” to the fictitious law enforcement agency via Bitcoin, an anonymous form of payment. Other forms of ransomware just demand payment without the fake law enforcement warning, again usually via Bitcoin.

I never recommend giving in to extortionists, but if you are unable to decrypt your files and need to quickly obtain Bitcoin in order to get your files back, the quickest way to buy Bitcoin with a credit or debit card is http://www.trucoin.com. With Trucoin, you can get Bitcoin quickly, usually in just a couple minutes.

Other sites that offer fast acquisition of Bitcoins include Circle.com and Coinbase.com. While these sites are good, they do take a bit longer since they require using ACH transfer from your bank account. With many forms of ransomware, you only have a limited amount of time to complete the payment process, so these sites may or may not be able to get you Bitcoin quick enough.

While it’s always best to try any other method to get control of your computer and files back without giving in to the extortion demands, Trucoin.com provides a fast way to get Bitcoin if all else fails and you decide to just pay the ransom.

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